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G7 Leaders Reinforce Sanctions on Russia Amid Oil Concerns

3/12/2026

50 7 Full Breakdown

Summary

Story summary

Group of Seven leaders decided to maintain sanctions on Russia despite Middle East supply issues.
Emmanuel Macron emphasized Iran should not weaken support for Ukraine or the G7 sanctions.
Ursula von der Leyen supported this view and said it is not the time to relax sanctions.
The United States granted India a 30-day waiver to accept Russian crude at sea, to ensure oil flow and limit Moscow benefits.

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Story summary

Group of Seven leaders decided to maintain sanctions on Russia despite Middle East supply issues.
Emmanuel Macron emphasized Iran should not weaken support for Ukraine or the G7 sanctions.
Ursula von der Leyen supported this view and said it is not the time to relax sanctions.
The United States granted India a 30-day waiver to accept Russian crude at sea, to ensure oil flow and limit Moscow benefits.